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Mcbride (MCB)

56.20p

15:30 03/04/20

  • 1.06% 0.60p
  • Today's Low & High
  • 55.90 / 57.69
  • Open / Previous Close
  • 56.20 / 56.40
  • 52-week range
  • -42.89% -42.80p
  • Volume
  • 6,217
  • Market Cap(million)
  • £102.73m

57.00p REAL TIME BATS

  • 16:39 03/04/20
  • 0.00%
  • 0.00p

Technical Analysis

Support and resistance levels

S1

0.56
0.00%

R1

0.68
21.00%

S2

0.47
-16.00%

R2

1.07
91.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 0.56
  • 0.56
  • Levels of negotiation support resistance
  • 0.57
  • 0.58

Technical situation

Bearish in the long term, though short term won't be bearish-biased as long as it doesn't lose support at 0.47.

Recommendation

Short term comment

Though long-term trend or scenario is bearish, in the mid-term it stands for neutral. Only if it should lose the first important support located at 0.47, los intermediate terms would be bearish-biased together with the long-term structures.

Long term comment

From some months ago, long-term scenario remains bearish. Exhaustion signals that could alert for an upwards trend turn, furthermore, are not yet noticeable.

Indicator Previous Current Signal Comment
RSI 7 24.80 24.80 The RSI 7 shows an oversold situation (vulnerability of bearish trend).
RSI 14 29.70 29.70 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 33.52 33.52 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 41.41 41.41 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 44.88 44.88 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Bearish trend exhaustion signals, confirmed with turning signal.
Slow Stochastic n/a n/a Bearish trend exhaustion signals, without turning signal.
Simple Moving Average 7 0.58 0.57
Simple Moving Average 21 0.62 0.61
Simple Moving Average 50 0.64 0.64
Simple Moving Average 200 0.68 0.68
Exponential Moving Average 7 0.58 0.57
Exponential Moving Average 21 0.61 0.60
Exponential Moving Average 50 0.61 0.60
Exponential Moving Average 200 0.61 0.60 Indefinite long-term trend.
MACD Line -0.03 -0.03 Price following bullish trend.
MACD Signal -0.02 -0.02 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 0.59 0.59 Very short-term trend is bearish.
Double Exponential Moving Average 21 0.65 0.64 Bearish mid-term trend.
Double Exponential Moving Average 50 0.65 0.64
Double Exponential Moving Average 200 0.65 0.64
Divergences n/a n/a NO
On Balance Vol. -44,600.46 -42,427.72 OBV is bearish.
Momentum 7 -0.03 -0.03 High falling speed, though not extreme, in very short terms.
Momentum 7 -0.06 -0.05 Extremely high short-term falling speed.
% K Williams 87.50 87.50 Oversold, would favour a bullish turn.
Priority Date Notification
06/04/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
06/04/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
03/04/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
03/04/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
02/04/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
01/04/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
31/03/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
30/03/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
30/03/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
27/03/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
26/03/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.